2024-11-08T09:27:55-06:00 2023-12-31 420714325 RSM US LLP 919 EAST MAIN STREET SUITE 1800 RICHMOND VA 23219 990 2023-01-01 131952497 COUNCIL OF INSURANCE AGENTS AND BROKERS COUN 2027834400 701 PENNSYLVANIA AVENUE NW 750 WASHINGTON DC 200042608 JOEL R WOOD PRESIDENT 2027834400 2024-10-16 1 0 MEREDITH BELL P01696827 8042822121 2024-09-28 2023 2024-10-15 13:58:12Z KEN A CRERAR 701 PENNSYLVANIA AVENUE NW 750 WASHINGTON DC 200042608 56001822 0 X WWW.CIAB.COM X 1913 DC THE COUNCIL PROMOTES THE INTERESTS OF ITS MEMBERS, WHO COMPRISE LEADING INSURANCE AGENCIES AND BROKERAGE FIRMS. 36 36 69 36 0 0 0 0 20985375 24067174 523847 876431 2161044 2342236 23670266 27285841 100000 197801 0 0 8594042 10653711 0 0 0 10836456 12589301 19530498 23440813 4139768 3845028 48445728 55204420 28137983 28790930 20307745 26413490 X THE COUNCIL WAS ESTABLISHED TO PROMOTE THE INTERESTS OF ITS MEMBERS, WHO COMPRISE LEADING INSURANCE AGENCIES AND BROKERAGE FIRMS. 0 0 THE COUNCIL IS THE PREMIER ASSOCIATION FOR THE TOP REGIONAL, NATIONAL AND INTERNATIONAL COMMERCIAL INSURANCE AND EMPLOYEE BENEFITS INTERMEDIARIES WORLDWIDE. THE COUNCIL FOSTERS RELATIONSHIPS INDUSTRY-WIDE BY ENGAGING LAWMAKERS, REGULATORS, AND STAKEHOLDERS AROUND THE WORLD TO PROMOTE THE INTERESTS OF ITS MEMBERS AND THE VALUABLE ROLE THEY PLAY IN THE MITIGATION OF RISK FOR THEIR CLIENTS BY PROVIDING UNIQUE FORUMS FOR NETWORKING OPPORTUNITIES AND LEADERSHIP DEVELOPMENT, OFFERING BUSINESS INTELLIGENCE AND SERVICES.OUR FOUR LARGEST PROGRAMS/MEETINGS ARE THE INSURANCE LEADERSHIP FORUM, THE EMPLOYEE BENEFITS LEADERSHIP FORUM, THE COUNCIL ACADEMY AND THE LEGISLATIVE SUMMIT. THESE ANNUAL PROGRAMS FOSTER THE CONTINUATION OF THE COUNCIL AND ITS MEMBERS STRONG RELATIONSHIPS WITH EACH OTHER, INSURANCE CARRIERS, AND MEMBERS OF CONGRESS; AND LAYS A SOLID FOUNDATION FOR FUTURE RELATIONSHIPS. THE COUNCIL EXTENDS ITS REACH TO BOTH SIDES OF THE AISLE WHILE EDUCATING RULE MAKERS ON THE CRITICAL ROLE OF THE BROKER AND AGENCY FOR BOTH PROPERTY/CASUALTY AND HEALTH CARE INSURANCE PROGRAMS. 0 0 0 1 0 0 0 0 0 1 1 0 1 1 0 0 1 0 0 1 0 0 0 0 0 0 1 0 1 0 1 0 0 0 0 0 0 0 0 0 1 1 0 0 1 129 0 1 69 1 0 0 0 0 0 0 1 0 X 36 36 0 0 0 0 0 0 1 1 1 0 0 1 1 1 1 1 1 1 1 0 DC CO X KEN A CRERAR 2027834400 701 PENNSYLVANIA AVENUE NW 750 WASHINGTON DC 200042608 ROBERT J KLONK CHAIR 0.30 0.10 X X 0 0 0 KEITH SCHULER VICE CHAIR 0.30 0.00 X X 0 0 0 JOHN HOWARD SECRETARY 0.30 0.00 X X 0 0 0 ANDREW BARRENGOS TREASURER 0.30 0.00 X X 0 0 0 KATE ARMFIELD DIRECTOR 0.30 0.00 X 0 0 0 BRENDA BALLARD AUSTENFELD DIRECTOR 0.30 0.00 X 0 0 0 JIM BAILEY DIRECTOR 0.30 0.00 X 0 0 0 CHRIS BOONE DIRECTOR 0.30 0.00 X 0 0 0 POWELL BROWN DIRECTOR 0.30 0.00 X 0 0 0 TARUN CHOPRA DIRECTOR 0.30 0.00 X 0 0 0 MICHAEL CHRISTIAN DIRECTOR 0.30 0.00 X 0 0 0 KEN EWELL DIRECTOR 0.30 0.10 X 0 0 0 WALTER FAWCETT DIRECTOR 0.30 0.00 X 0 0 0 DOUG HAMMOND DIRECTOR 0.30 0.00 X 0 0 0 BOB HARRISON DIRECTOR 0.30 0.10 X 0 0 0 JIM HENDERSON DIRECTOR 0.30 0.00 X 0 0 0 JOCHEN KOEMER DIRECTOR 0.30 0.00 X 0 0 0 ERIC LEAVITT DIRECTOR 0.30 0.00 X 0 0 0 HIRAM MARRERO DIRECTOR 0.30 0.00 X 0 0 0 KERRY MORRIS DIRECTOR 0.30 0.00 X 0 0 0 JOHN PLUMMER DIRECTOR 0.30 0.00 X 0 0 0 WILLIAM PRIDGEON DIRECTOR 0.30 0.00 X 0 0 0 SCOTT PURVIANCE DIRECTOR 0.30 0.00 X 0 0 0 CLINT SCOTT DIRECTOR 0.30 0.00 X 0 0 0 MARY BETH SULLIVAN DIRECTOR 0.30 0.00 X 0 0 0 JOHN TALLARIDA DIRECTOR 0.30 0.10 X 0 0 0 JACQUES VERLINGUE DIRECTOR 0.30 0.00 X 0 0 0 MIKE VICTORSON DIRECTOR 0.30 0.00 X 0 0 0 KATE BANG DIRECTOR 0.30 0.00 X 0 0 0 CYNTHIA BEVERIDGE DIRECTOR 0.30 0.00 X 0 0 0 MICHAEL CHANG DIRECTOR 0.30 0.00 X 0 0 0 JOHN ELTHAM DIRECTOR 0.30 0.00 X 0 0 0 PETER GRUENBERG DIRECTOR 0.30 0.00 X 0 0 0 PETER KRAUSE DIRECTOR 0.30 0.00 X 0 0 0 JEFF RODRIGUEZ DIRECTOR 0.30 0.00 X 0 0 0 TOM HUGHSTON DIRECTOR 0.30 0.00 X 0 0 0 KEN A CRERAR CEO 35.63 1.87 X 1683895 88626 55334 JOEL R WOOD PRESIDENT 37.50 0.00 X 951199 0 88859 BENITA HARRISON-WICKLINE CHIEF FINANCIAL OFFICER 35.63 1.87 X 376630 19823 75084 CATHERINE RICHARDSON CHIEF OPERATING OFFICER 37.50 0.00 X 715847 0 77206 JOEL KOPPERUD SVP, GOVERNMENT AFFAIRS 37.50 0.00 X 411141 0 57853 ELIZABETH MCDAID SVP, LEADERSHIP & MGMT 36.37 1.13 X 343505 18080 70335 SUSAN RUSHFORD SVP, MKTG & COMM 35.63 1.87 X 357072 11043 65660 PAULA STALEY SVP, MEETINGS 37.50 0.00 X 206760 0 66124 BETH MCMAHON VP, PEOPLE CULTURE 37.50 0.00 X 263183 0 50568 BLAIRE BARTLETT VP, GOVERNMENT & POLITICAL AFFAIRS 37.50 0.00 X 255733 0 49039 LINDSAY DAMES VP, EXTERNAL AFFAIRS & SPONSORSHIP 37.50 0.00 X 225918 0 29841 KEN HALTENHOF VP, MEMBERSHIP 37.50 0.00 X 210046 0 59003 NICOLE VASILE VP, MARKETING & COMMUNICATIONS 35.63 1.87 X 178821 9412 53632 6179750 146984 798538 31 0 1 0 STEPTOE AND JOHNSON LLP 1330 CONNECTICUT AVE NW WASHINGTON DC 20036 LEGAL COUNSEL 1751138 MMA EVENTS LLC 1851 SOUTH CLUB DRIVE HYATTSVILLE MD 20785 EVENTS COORDINATION & MANAGEMENT 779944 WASHINGTON SPEAKERS BUREAU 1663 PRINCE ST ALEXANDRIA NV 22314 EVENT SPEAKER 430095 CMI COMMUNICATIONS 400 MILE CROSSING BLVD ROCHESTER NY 14624 EVENTS AV MANAGEMENT 375756 THE BROADMOOR HOTEL 1 LAKE AVE COLORADO SPRINGS CO 80906 EVENT FACILITY 322570 16 MEMBERSHIP DUES 900099 9503055 9503055 PARTNERS IN EXCELLENCE 900099 9090000 9090000 CONFERENCES & MEETINGS 900099 4554925 4554925 EDUCATIONAL PROGRAMS 900099 919194 919194 24067174 1185909 1185909 2300000 2300000 28406503 28715981 -309478 -309478 -309478 OTHER REVENUE 900099 42236 42236 42236 27285841 24067174 0 3218667 197801 5467193 3032183 1145250 484203 524882 1729068 83191 79607 201548 401494 660922 1546867 458533 5296346 280278 536140 TAXES & LICENSES 671813 MARKETING & COMMUNICATI 376895 INTERNATIONAL MEMBERSHI 104859 COUNCILPAC 87617 74123 23440813 1487024 1168049 2471349 2141831 82650 610805 157383 258647 180983 706228 764492 4186523 2746857 1585568 1439666 12945856 20215358 1527414 3069982 27301273 25535590 48445728 55204420 2187862 3732633 2791304 2745326 23158817 22312971 28137983 28790930 X 20307745 26413490 20307745 26413490 48445728 55204420 3845028 2260717 0 X 0 1 X 1 0 0 0 1 9503055 647941 -1086300 -438359 665214 -1103573 2558367 1469437 1088930 1433088 1224899 208189 195068 52521 142547 1439666 PAR HOLDINGS, LTD. COMMON STOCK 170000 C ALTERNATIVE INVESTMENTS 2899982 F 3069982 DUE FROM PRODUCTIVITY PLUS, INC. (PPI) 7485883 DEFERRED COMPENSATION 4657458 RIGHT-OF-USE ASSET 13392249 25535590 DEFERRED COMPENSATION 4657458 DUE TO COUNCIL FOUNDATION 136226 LEASE LIABILITY 17519287 22312971 29466951 2260717 2260717 27206234 79607 79607 27285841 23361206 0 23361206 79607 79607 23440813 CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENT LOCATED IN THE REGION 663981 0 0 0 0 0 0 663981 0 663981 0 0 0 0 1 0 1 BROADFUTURES 2000 PENNSYLVANIA AVE NW 700 WASHINGTON DC 20006 463344842 501(C)(3) 25000 0 SUSTAINING SPONSOR HUMAN RIGHTS CAMPAIGN FOUNDATION 1640 RHODE ISLAND AVENUE NW WASHINGTON DC 20036 521481896 501(C)(3) 15000 0 CHEFS FOR EQUALITY INDEPENDENT INSURANCE AGENTS & BROKERS OF CALIFORNIA 9528 MIRAMAR RD 1142 SAN DIEGO CA 92126 943215814 501(C)(6) 50000 0 LEGAL DEFENSE FUND WHITMAN-WALKER FOUNDATION INC 1377 R ST NW SUITE 200 WASHINGTON DC 20009 823889980 501(C)(3) 10000 0 ANNIVERSARY GALA SPONSORHIP FOUNDATION TO ERADICATE DUCHENNE PO BOX 2371 ALEXANDRIA VA 22301 710874241 501(C)(3) 50000 0 EPICUREAN SPONSORSHIP SHE SHOULD RUN 80 M ST SE 1ST FLOOR WASHINGTON DC 20003 204210843 501(C)(3) 25000 0 CORPORATE CONTRIBUTIONS 5 1 PART I, LINE 2: CIAB DOES NOT HAVE PROCEDURE IN PLACE FOR MONITORING THE USE OF CONTRIBUTIONS ONCE THOSE ARE GIVEN TO AN ORGANIZATION. X X 1 1 X X X X 0 1 0 KEN A CRERAR CEO 1092851 57518 522500 27500 68544 3608 41325 2175 11242 592 1736462 91393 0 0 JOEL R WOOD PRESIDENT 862969 0 50000 0 38230 0 43500 0 45359 0 1040058 0 0 0 CATHERINE RICHARDSON CHIEF OPERATING OFFICER 645285 0 50000 0 20562 0 47099 0 30107 0 793053 0 0 0 BENITA HARRISON-WICKLINE CHIEF FINANCIAL OFFICER 324895 17100 16150 850 35585 1873 46967 132 27906 78 451503 20033 0 0 JOEL KOPPERUD SVP, GOVERNMENT AFFAIRS 368454 0 15750 0 26937 0 43500 0 14353 0 468994 0 0 0 SUSAN RUSHFORD SVP, MKTG & COMM 339715 10506 16490 510 867 27 42195 1305 21495 665 420762 13013 0 0 ELIZABETH MCDAID SVP, LEADERSHIP & MGMT 308931 16260 14250 750 20324 1070 41325 2715 25493 1342 410323 22137 0 0 BETH MCMAHON VP, PEOPLE CULTURE 243078 0 20000 0 105 0 34239 0 16329 0 313751 0 0 0 BLAIRE BARTLETT VP, GOVERNMENT & POLITICAL AFFAIRS 224402 0 31250 0 81 0 32042 0 16997 0 304772 0 0 0 PAULA STALEY SVP, MEETINGS 197598 0 9000 0 162 0 28522 0 37603 0 272885 0 0 0 KEN HALTENHOF VP, MEMBERSHIP 194992 0 15000 0 54 0 28537 0 30466 0 269049 0 0 0 LINDSAY DAMES VP, EXTERNAL AFFAIRS & SPONSORSHIP 148646 0 77228 0 44 0 21325 0 8516 0 255759 0 0 0 NICOLE VASILE VP, MARKETING & COMMUNICATIONS 152876 8046 25878 1362 67 4 22164 1167 28786 1515 229771 12094 0 0 PART I, LINE 1A THE ORGANIZATION PROVIDES FOR BUSINESS TRAVEL (IF APPLICABLE) FOR THE CEO'S SPOUSE, PER THE TERMS OF THE EMPLOYMENT AGREEMENT. THIS BENEFIT IS NON-TAXABLE. PART I, LINE 4B EFFECTIVE JANUARY 1, 2013, THE COUNCIL ESTABLISHED A DEFERRED COMPENSATION PLAN UNDER SECTION 457(F) OF THE INTERNAL REVENUE CODE. KEN CRERAR, 457(F): NO CONTRIBUTION DURING CALENDAR YEAR 2023. BENITA CE HARRISON CHIEF FINANCIAL OFFICER GENERAL X 150000 15313 0 1 1 KEN A CRERAR CEO OF THE COUNCIL GENERAL X 250000 83334 0 1 1 JOEL KOPPERUD SVP, GOVERNMENT AFFAIRS GENERAL X 200000 160000 0 1 1 258647 FORM 990, PART VI, SECTION A, LINE 7B THE ORGANIZATION HAS ONE CLASS OF MEMBERS WITH VOTING RIGHTS. EACH ACTIVE MEMBER FIRM SHALL APPOINT AND CERTIFY TO THE SECRETARY OF THE ORGANIZATION A PERSON TO BE ITS REPRESENTATIVE IN THE ORGANIZATION AND WHO SHALL REPRESENT, VOTE, AND ACT FOR THE MEMBER FIRM IN ALL AFFAIRS OF THE ORGANIZATION. THE OFFICERS AND BOARD OF DIRECTORS SHALL BE ELECTED ANNUALLY BY THE MEMBERSHIP OF THE ORGANIZATION. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS REVIEWED BY THE PRESIDENT AND CHIEF FINANCIAL OFFICER AND PRESENTED TO THE OPERATIONAL OVERSIGHT COMMITTEE BEFORE FILING. THE OPERATIONAL OVERSIGHT COMMITTEE IS COMPRISED OF BOARD OF DIRECTORS' MEMBERS AND REPORTS TO THE FULL BOARD REGARDING FORM 990 MATTERS. FORM 990, PART VI, SECTION B, LINE 12C THE COUNCIL REQUIRES DIRECTORS AND EMPLOYEES TO DISCLOSE ANNUALLY ANY INTEREST THAT COULD GIVE RISE TO A CONFLICT OF INTEREST AND THESE COMPLETED DOCUMENTS ARE REVIEWED AND RETAINED BY THE ORGANIZATION. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION COMMITTEE REVIEWS AND APPROVES COMPENSATION BASED ON CURRENT ENVIRONMENT, COMPETITIVE MARKET, AND THE REPORTS OF COMPENSATION SURVEYS, STUDIES AND OTHER MARKET DATA. FORM 990, PART VI, SECTION C, LINE 19 THE COUNCIL MAKES ITS ANNUAL REPORTS, GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC AND ITS MEMBERS, UPON REQUEST FOR THE SAME PERIOD OF DISCLOSURE AS SET FORTH IN SECTION 6104(D). THE COUNCIL FOUNDATION 701 PENNSYLVANIA AVE NW WASHINGTON DC 20004 521811691 PROMOTE LEADERSHIP IN INSURANCE AGENT/BROKER PROFESSION DC 501(C)(3) LINE 12A, I N/A 1 COUNCIL OF INSURANCE AGENTS & BROKERS PAC 701 PENNSYLVANIA AVE NW WASHINGTON DC 20004 043691837 SUPPORT HOUSE/SENATE CANDIDATES WHO SUPPORT CONCERNS OF AGENTS/BROKERS DC 527 N/A 1 PRODUCTIVITY PLUS INC 701 PENNSYLVANIA AVE NW WASHINGTON DC 20004 521811694 INSURANCE PREMIUM FINANCING, LEADERS EDGE MAGAZINE AND OTHER ACTIVITIES DC THE COUNCIL OF INSURANCE AGENTS & BROKERS C 2363222 3151930 1.00000 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 1 0 0 0 0 THE COUNCIL FOUNDATION E 136226 FMV THE COUNCIL FOUNDATION O 202819 COST